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OMB: Definition from Answers.com

is short for:

Meaning	Category
Office of Management and Budget	Governmental->Military Academic & Science->Ocean Science Community->Educational Academic & Science->Meteorology Business->Accounting Governmental->Transportation Governmental->US Government Medical->Physiology Governmental->FBI Files
Official Message Board	Governmental->US Government
Offset Multi Bracket	Business->Products
Offshore Model Basin	Governmental->Transportation
Omboue, Gabon	Regional->Airport Codes
On My Break	Business->General
One Man Band	Community->Music
Originating Message Buffer	Governmental->Military
Owner Managed Business	Business->General

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The noun has one meaning:

Meaning #1: the executive agency that advises the President on the federal budget
Synonym: Office of Management and Budget

OMB is a three-letter abbreviation which may stand for:

Office of Management and Budget, a group that oversees the activities of federal agencies in the United States
Owner Managed Business, small and medium enterprises
Olympiade Mathématique Belge, the Belgian Mathematical Olympiad, a mathematical competition
Ontario Municipal Board, a tribunal involved in municipal and planning matters of Ontario, Canada
Our Miss Brooks, an American situation comedy, starred Eve Arden
Marine Modeling and Analysis Branch, formerly Ocean Modeling Branch, a US weather & environment agency
Oregon Marching Band, the marching band for the University of Oregon in Eugene, Oregon, United States
OpenMicroBlogging, the standard that allows for micro-blogging services to interoperate

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